Federal Reserve Board, along with the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency, announced new thresholds for exempting loans from special appraisal...
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U.S. Reps. Patrick McHenry (R-NC) and Bill Huizenga (R-MI) are urging House Financial Services Committee Chair Maxine Waters (D-CA) to investigate recent changes to the Public Company Accounting Overs...
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U.S. Sen. Jacky Rosen (D-NV) is among a group of Senators urging members of the House and Senate Armed Services Committees to keep the Secure and Fair Enforcement (SAFE) Banking Act in the National De...
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The Consumer Bankers Association (CBA) will continue to oppose proposed legislation imposing a cap on interest rates, which it maintains would limit consumers’ credit access. The CBA has indicate...
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U.S. Reps. Maxine Waters (D-CA) and Bill Foster (D-IL) are urging federal financial regulators to ensure that advanced technologies like artificial intelligence (AI) do not create an algorithmic bias ...
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The Treasury Department has detailed the most recent numbers for Emergency Rental Assistance (ERA) program disbursements, noting state and local governments helped over 521,000 renters and landlords i...
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A group of Democratic lawmakers, including Rep. Dan Kildee (D-MI), chief deputy whip of the House Democratic Caucus, are urging Congress to fully fund the U.S. Department of Housing and Urban Developm...
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Securities and Exchange Commission (SEC) officials have detailed a settlement agreement the agency has established with oilfield services company ProPetro Holding Corp. and its founder and former CEO ...
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The Office of the Comptroller of the Currency (OCC) is requiring national banks and federal savings associations to demonstrate that they have adequate controls in place before they can engage in cert...
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U.S. Sen. Sherrod Brown (D-OH) has forwarded correspondence to stablecoin issuers and exchanges, seeking insight regarding efforts to protect consumers and investors. Brown sent letters to Circle, ...
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